text 28 Jan Today’s hot pairs

ATI-PAL

Sector: Industrial Metals & Minerals
Currently converging from 0.67 standard deviations

Hedge ratio:

12.24

Cointegration:

Over 99%

Avg. holding period:

11 days

σ Equilibrium:

1.78

Profit potential:

459 ticks


You could…

Buy ATI and Short PAL







GNK-PRGN

Sector: Shipping
Currently converging from 0.48 standard deviations

Hedge ratio:

3.7

Cointegration:

Over 99%

Avg. holding period:

12 days

σ Equilibrium:

1.28

Profit potential:

273 ticks


You could…

Short GNK and Buy PRGN







UEPS-SCOR

Sector: Business Services
Currently converging from 0.93 standard deviations

Hedge ratio:

1.16

Cointegration:

Over 99%

Avg. holding period:

7 days

σ Equilibrium:

0.15

Profit potential:

204 ticks


You could…

Short UEPS and Buy SCOR







ONXX-TECH

Sector: Biotechnology
Currently converging from 0.49 standard deviations

Hedge ratio:

0.48

Cointegration:

Over 99%

Avg. holding period:

20 days

σ Equilibrium:

0.08

Profit potential:

218 ticks


You could…

Buy ONXX and Short TECH




Design crafted by Prashanth Kamalakanthan. Content powered by Tumblr.